Analysis: ORBCOMM buyout – short odds on a bidding war?

The track and trace of a satellite firm (and why it matters to logistics)?
‘Detour risk’
Well, first off, the de-listing of Internet-of-Things firm ORBCOMM via a buyout may take a detour.
It received a $1.1bn bid, including net debt, on 7 April – the deal was disclosed the following day – from private equity house GI Partners. But so far that’s where the good news for its shareholders may end if the …

The post Analysis: ORBCOMM buyout – short odds on a bidding war? appeared first on The Loadstar.

https://theloadstar.com/analysis-orbcomm-buyout-short-odds-on-a-bidding-war/

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